EUR/USD up a quarter of a percent in thin market open.
ECB President Lagarde spoke on Monday, reiterates inflation stance.
Inflation prints due this week, US PCE to be a key data print on Thursday.
EUR/USD saw a thin start to a hectic week on the economic calendar as markets ease into Monday action. EUR/USD rose around a quarter of a percent on Monday as technicals remain crimped ahead of a slew of price inflation and growth figures due on both sides of the pond.
Tuesday kicks things off with US Durable Goods Orders, and Wednesday delivers EU Consumer Confidence and US Gross Domestic Product (GDP) growth figures in the midweek. Thursday sees the euro area make its late data entrance to the trading week with German Retail Sales and Consumer Price Index (CPI) inflation. January’s US Personal Consumption Expenditure Price Index is also due on Thursday.
EUR/USD ON THE HIGH SIDE BUT CAPPED NEAR 1.0860 ON MONDAY
EUR/USD up a quarter of a percent in thin market open.
ECB President Lagarde spoke on Monday, reiterates inflation stance.
Inflation prints due this week, US PCE to be a key data print on Thursday.
EUR/USD saw a thin start to a hectic week on the economic calendar as markets ease into Monday action. EUR/USD rose around a quarter of a percent on Monday as technicals remain crimped ahead of a slew of price inflation and growth figures due on both sides of the pond.
Tuesday kicks things off with US Durable Goods Orders, and Wednesday delivers EU Consumer Confidence and US Gross Domestic Product (GDP) growth figures in the midweek. Thursday sees the euro area make its late data entrance to the trading week with German Retail Sales and Consumer Price Index (CPI) inflation. January’s US Personal Consumption Expenditure Price Index is also due on Thursday.
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